AFLAC INC (AFL) Stock Technical Analysis
NYSE:AFL - US0010551028 - Common Stock
108.16 USD
+0.78 (+0.73%)
108.47 USD
+0.31 (+0.29%)
Taking everything into account, AFL scores 7 out of 10 in our technical rating. AFL has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
In the last month AFL has a been trading in the 96.95 - 109.65 range, which is quite wide. It is currently trading near the high of this range.
AFL has an average volume of 2602130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, AFL turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
AFL is an average performer in the Insurance industry, it outperforms 57% of 143 stocks in the same industry.
AFL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AFL is lagging the market.
AFL has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
97.11
116.41
We found 2 important support areas.
- A support zone ranging from 103.26 to 104.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 98.09 to 100.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @108.51 from a horizontal line in the daily time frame.
- A resistance zone ranging from 114.10 to 115.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AFL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AFL is up. |
| ChartMill Relative Strength | 40.23 | NEUTRAL | AFL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AFL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AFL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AFL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.78 | NEUTRAL | The RSI value for AFL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.49 | POSITIVE | The MACD value suggests AFL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.44 | OVERBOUGHT | The high Stochastics value suggests AFL may be overbought. |
| Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for AFL suggests low volalility. |
| Average Directional Index/ADX (14) | 30.62 | POSITIVE | The high ADX value value for AFL suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 108.52 | 103.79 | 4.73 (4.36%) | 22.94% |
| An entry @108.52. This is a Buy Stop order right above the resistance zone. | An exit @103.79. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.73 points, which is 4.36%. | For a 1.00% total portfolio risk, you can invest 22.94% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
108.16
+0.78 (+0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.73%
1 Week1.19%
2 Weeks4.45%
1 Month7.28%
3 Month4.46%
6 Month-1.2%
12 Month-1.99%
2 Year45.04%
3 Year82.03%
5 Year197.8%
10 Year84.57%
15 Year128.91%
Volatility
ATR(14)1.52
ATR(20)%1.66%
ATR Inc-7.4%
Range Today1.84
ADR(20)1.77
ADR(20)%1.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.23
Mansfield-0.73
10 Day High109.65
10 Day Low103.8
20 Day High109.65
20 Day Low96.95
52 Week High115.5
52 Week Low96.95
CS1 End104.7
CR1 Start108.51
Volume & EV
DER(3)0.31%
DER(5)0.22%
Volume4.62M
Volume Incr14.75%
Vol(5)2.85M
Vol(50)2.60M